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Tri State's bold plan accelerates coal plant closures and boosts renewables

July 11, 2024 | Public Utilities Commission, Governor's Boards and Commissions, Organizations, Executive, Colorado



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This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Tri State's bold plan accelerates coal plant closures and boosts renewables
During a recent government meeting, members of the Farmers Union and local officials voiced strong support for a settlement agreement related to Tri State Generation and Transmission's electric resource plan (ERP). This plan aims to enhance renewable energy initiatives while addressing the economic impacts of transitioning away from coal in rural Colorado.

Farmers Union representatives highlighted the benefits of the agreement, which includes a commitment from Tri State to accelerate the closure of its coal plant in Craig by the end of 2027. The settlement allocates $70 million for economic redevelopment in Craig and Moffett County, aimed at mitigating the financial fallout from the plant's closure. This funding is expected to support local economies through job creation and tax revenue for local governments.

The ERP outlines ambitious goals for renewable energy generation, including the addition of 12 new projects totaling 50 megawatts, alongside energy storage investments. The Farmers Union emphasized the importance of expanding Tri State's clean energy footprint across Colorado, urging the Public Utilities Commission (PUC) to take aggressive steps to ensure this transition, regardless of federal funding outcomes.

Terry Schuyler, a town council member from Ridgeway and a veteran in the solar industry, echoed these sentiments, expressing optimism about the ERP's focus on clean, affordable energy. He noted the significant greenhouse gas emissions from electricity generation in Colorado and stressed the need for a thoughtful transition for coal-dependent communities. Schuyler pointed out the devastating economic impact of previous coal plant closures and underscored the importance of providing adequate support for affected areas.

Both speakers called for a careful approach to the transition, ensuring that rural communities can benefit from the shift to renewable energy while safeguarding their economic futures. The meeting concluded with a shared hope that the settlement agreement would be approved, paving the way for a more sustainable energy landscape in Colorado.

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